Money to move on
Belarus plans to take out $250 million in foreign loans
There is much free money in Europe and Asia. It could be lent to any country of the world, but the essential issue is the terms of credit.
— We now have new opportunities to finance domestic business projects, said Deputy Chairman of Belarusbank Vladimir Novik. — We took out the first untied syndicated loan of European banks in March, and are ready to disburse another one. The interest rates are competitive enough. We also plan to issue Eurobonds in the near future. The main thing now is to accumulate promising business plans. The presentation of new credit terms was attended by representatives of 150 Belarusian companies, and many of them came to Belarusbank with specific offers.
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